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Regulatory

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
The joint chair of the Storm Investors Consumer Action Group has criticised the Federal Court's recent ruling against Storm Financial.

ASIC bans former Macquarie advisers

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
ASIC has banned two former Macquarie advisers from providing financial services.

Macquarie cops fine over van Eyk

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
Macquarie Group has been fined by ASIC following its admission to the mismanagement of the van Eyk Blueprint International Shares Fund (VBI Fund).

ASIC accepts EU from My Adviser

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
ASIC has accepted the enforceable undertaking (EU) of My Adviser after an investigation found one of its representatives had provided poor and unauthorised advice on a number of instances.

ASIC cancels 133 SMSF auditor registrations

KERRIE SYDEE  |  TUESDAY, 23 AUG 2016
ASIC has cancelled the registration of 133 approved self-managed superannuation fund auditors who failed to lodge their annual statements.

US funds launch lawsuit against big four banks

ALEX BURKE  |  FRIDAY, 19 AUG 2016
A class action lawsuit has been launched against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks for their alleged rigging of the bank bill swap reference rate (BBSW).

ASIC cancels AFSL of global firm

KERRIE SYDEE  |  THURSDAY, 18 AUG 2016
ASIC has cancelled the Australian financial services licence of an international financial services firm.

ASIC bans ex-Macquarie Equities trader

ALEX BURKE  |  WEDNESDAY, 17 AUG 2016
ASIC has banned a former representative of Macquarie Equities for five years.

ASIC bans jailed former advice director

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2016
ASIC has permanently banned the former director of an insurance broking company after being found guilty of seven counts of dishonestly obtaining a financial advantage from the Commonwealth by deception.

AAT upholds ASIC adviser ban

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
The Administrative Appeals Tribunal (AAT) has upheld a decision to permanently ban a Sydney finance broker.